The Rajputana Stainless IPO GMP is currently attracting attention among retail and HNI investors ahead of its March 2026 listing. If you are planning to invest, this detailed guide covers Rajputana Stainless IPO subscription status, price band, allotment date, listing date, and full IPO review with updated GMP trends.
Let’s break down everything you need to know before applying.
📌 Rajputana Stainless IPO – Key Details
| Particulars | Details |
| IPO Date | 9 to 11 March 2026 |
| Listing Date | 16 March 2026 |
| Face Value | ₹10 per share |
| Rajputana Stainless IPO Price Band | ₹116 to ₹122 |
| Lot Size | 110 Shares |
| Issue Type | Bookbuilding IPO |
| Sale Type | Fresh Issue + OFS |
| Listing At | BSE, NSE |
| Total Issue Size | 2,09,00,000 shares (₹255 Cr approx.) |
| Fresh Issue | 1,46,50,000 shares (₹179 Cr approx.) |
| Offer for Sale | 62,50,000 shares (₹76 Cr approx.) |
| Pre-Issue Shareholding | 6,89,17,658 shares |
| Post-Issue Shareholding | 8,35,67,658 shares |
📅 Rajputana Stainless IPO Timetable
- IPO Open: 9 March 2026
- IPO Close: 11 March 2026
- Rajputana Stainless IPO Allotment Date: 12 March 2026
- Refund Initiation: 13 March 2026
- Credit of Shares: 13 March 2026
- Rajputana Stainless IPO Listing Date: 16 March 2026
Investors should mark these dates carefully to track allotment and listing gains.
💰 Rajputana Stainless IPO GMP Today
The Rajputana Stainless IPO GMP currently shows:
| Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit |
| 02-03-2026 | ₹122 | ₹0 | ₹122 (0.00%) | ₹0 |
| 01-03-2026 | ₹122 | ₹0 | ₹122 (0.00%) | ₹0 |
| 28-02-2026 | ₹122 | ₹0 | ₹122 (0.00%) | ₹0 |
👉 As per the latest update (2 March 2026), the Rajputana Stainless IPO GMP is ₹0, indicating no grey market premium at the moment.
What Does GMP of ₹0 Mean?
- No strong speculative demand yet
- Listing expected around issue price
- Market sentiment neutral
However, GMP can change quickly based on subscription numbers and overall market mood.
💵 Rajputana Stainless IPO Price Band & Investment Details
The Rajputana Stainless IPO price band is fixed at ₹116 to ₹122 per share.
🧾 Minimum Investment for Retail
- Lot Size: 110 Shares
- Investment (Upper Price): ₹13,420
🏦 sNII Investment
- 15 Lots (1,650 Shares)
- Investment: ₹2,01,300
🏦 bNII Investment
- 75 Lots (8,250 Shares)
- Investment: ₹10,06,500
Investors should calculate risk appetite before applying in higher categories.
📊 Rajputana Stainless IPO Subscription Status
The Rajputana Stainless IPO subscription status will be updated live during the bidding period from 9 to 11 March 2026.
Generally, strong IPOs show:
- Heavy retail oversubscription
- Strong QIB participation
- High HNI demand
If the Rajputana Stainless IPO subscription status crosses multiple times subscription on Day 1 or Day 2, GMP may improve accordingly.
Keep monitoring subscription numbers daily during the bidding window.
🏭 About the Company
Rajputana Stainless operates in the stainless steel segment and focuses on manufacturing and distribution. The IPO consists of both:
- Fresh Issue (for expansion and working capital)
- Offer for Sale (partial stake dilution by existing shareholders)
The mix of fresh capital and OFS suggests business expansion plans along with promoter monetization.
📝 Rajputana Stainless IPO Review
Here is a balanced Rajputana Stainless IPO review before you invest:
✅ Positives
- Reasonable issue size (₹255 Cr)
- Bookbuilding IPO structure
- Listing on both BSE & NSE
- Clear fund utilization via fresh issue
⚠️ Risks
- Current Rajputana Stainless IPO GMP is ₹0
- No grey market enthusiasm yet
- Steel sector depends heavily on raw material prices
🎯 Listing Outlook
If the Rajputana Stainless IPO subscription status improves significantly, listing gains are possible. However, at current GMP levels, listing may be around issue price unless demand spikes.
📈 Should You Invest?
Before applying, consider:
✔️ Market conditions
✔️ Subscription trends
✔️ Company fundamentals
✔️ Long-term growth outlook
The Rajputana Stainless IPO GMP currently indicates neutral listing expectations. Long-term investors should focus more on financial performance rather than short-term GMP movement.
🔎 Final Verdict
The Rajputana Stainless IPO GMP currently stands at ₹0, reflecting neutral sentiment in the grey market. With a price band of ₹116–₹122 and minimum retail investment of ₹13,420, the IPO appears moderately priced.
Investors should closely track:
- Rajputana Stainless IPO subscription status
- Rajputana Stainless IPO allotment date
- Rajputana Stainless IPO listing date
A strong subscription could change listing outlook quickly.
📢 Disclaimer
This article is for educational purposes only and should not be considered investment advice. IPO investments are subject to market risks. Please consult your financial advisor before investing.
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